Technical Indicator Points South, But the Bull Retains Control in VET

Since the day’s opening, buyers of VeChain (VET) have dominated, erasing the effects of the downward trend that had pushed prices to a support level of 0.01543. Despite encountering resistance at the intraday high of $0.01583, bulls were able to push the price of VET up to $0.01556 (an increase of 0.04%) at the time of writing.

The positive control increased the market capitalization by 0.07% to $1,128,361,563; however, the 24-hour trading outlook fell short by 2.86% to $26,664,636. This decline in volume could indicate that it’s time to sell and make a profit in VET.

Related: Launched by veteran director Anthony Hopkins Debut NFT Series

The article Technical Indicator Points South, But the Bull Remains in Control of VET appeared first on Coin Edition.

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